If you are a senior citizen, you may be given a loan on special conditions. There are many prejudices about the solvency of social groups such as youth and retirees. It is very difficult for them to get a job, as the former have practically no experience, and the latter do not have the skills that the employer requires. Loans for retirees are also reluctant, as there are concerns about late payments, or even debt default.
Which banks provide loans?
There are several banks that provide loans to pensioners without special age restrictions. Although age limits are still set everywhere. The minimum age at the time of full repayment of the debt is a bar of 70 years, and the maximum is 75. One of the banks that is especially willing to provide loans to pensioners is Sberbank. The maximum amount can reach one and a half million rubles. The interest rate is 19 percent per annum. The term of the loan is up to five years. As for the documents, it is required to provide a passport, a pensioner's certificate, a certificate from the PFR and 2 personal income tax if the pensioner works. The final amount depends on the place of work, the availability of guarantors and age. A loan for seniors at Sberbank is the most profitable. At the time of the appeal, the pensioner must be at least 55 years old and not more than 75 at the time of repayment.
Where else can I get a loan?
Credits for pensioners are also provided by Bystrobank, which has a special pension rate. The loan amount is from three to two hundred thousand rubles. The interest rate is quite high - from 25.5 to 33 percent per annum, and the maximum term is three years. A loan is issued no longer than thirty minutes. As for age, at the time of applying to the pensioner should be at least fifty, and at the time of full repayment of the debt - no more than seventy years. The advantage of this bank is that you do not need to additionally bring guarantors, from the documents you will need to bring another TIN.
Promsotsbank
Ready to give loans to pensioners and Promsotsbank, which has a special loan product "Pension". The amount is from 3 to 100 thousand rubles at an annual rate of 20 percent per annum, and the maximum period is two years. When there are guarantors, the maximum loan amount can be doubled, and the interest rate can be reduced by one point. It is also necessary to provide an extract from the bank about what pension accruals were for the last six months.
Russian Agricultural Bank
Many banks give loans to pensioners not very willingly. However, there is another bank ready to go for it - Rosselzozbank. The loan amount can reach up to one hundred thousand rubles with a maximum age of 75 years for a pensioner and at an interest rate of 15 percent. A loan is made out necessarily with a guarantor, a pledge or personal insurance. Documents for each pensioner are determined individually for each.